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Showing 121 - 130 of 296 results for "Ruling"

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
... underperforming bank-owned super funds," Whiteley said. The review process was put on hold in June following a Federal Court ruling that the FWC expert panel was incorrectly constituted. The FWC is currently waiting for Employment Minister Eric Ebetz ...

S&P, ABN Amro appeals rejected in landmark ruling

MARK SMITH  |  THURSDAY, 24 JUL 2014
... Poor's, ABN AMRO (now RBS) and Local Government Financial Services (LGFS) will not be allowed to appeal a Federal Court ruling in favour of 12 local councils who suffered losses on investments they administered in the wake of the financial crisis. The ...

Market wrap

AAP  |  MONDAY, 21 JUL 2014
... Shares in Washington H Soul Pattinson fell nine cents to $14.71, while Brickworks was up one cent to $14.22 after a tax ruling effectively ended a proposal to disentangle the companies' cross ownership structure. Fairfax Media gained 2.75 cents to 93.75 ...

Federal Court judgements contradictory on adviser liability

LAURA MILLAN  |  MONDAY, 7 JUL 2014
... that the defendant knew or ought to have known that the conduct engaged in was misleading or deceptive. The Full Court's ruling appears to indicate Parliament's intention to exclude defendants whose conduct was deliberate or reckless from the benefit ...

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
... follow Industry Super Australia (ISA) in clarifying the language of their superannuation advertising campaigns, following a ruling by the Australian Securities and Investments Commission (ASIC) over use of the term 'average' in reference to super funds. ...

S&P denied appeal over landmark ruling

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
Ratings agency S&P has been denied leave to appeal a Federal Court ruling in favour of 91 council, charities and church groups which lost at least $180 million when AAA-rated investments went sour in the wake of the global financial crisis. The judgement ...

Federal Court finds S&P guilty in landmark ruling

MARK SMITH  |  FRIDAY, 6 JUN 2014
A landmark ruling by the Federal Court against ratings agency Standard & Poor's, ABN AMRO and Local Government Financial Services (LGFS) could have implications across the world. The Federal Court ruled in favour of 12 NSW local councils who lost millions ...

OMFG! Australia could lose an A

BENJAMIN ONG  |  TUESDAY, 20 MAY 2014
... investments, was it not? I don't know what has happened to S&P's appeal against Australian Federal Court Justice Jayne Jagot's ruling against the agency in November 2012. Standard & Poor's and two other defendants who were ordered to pay about A$20 million ...

FSC will take FWC to Federal Court

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... after FWC president Iain Ross issued a statement yesterday in which he denied the FSC's request for a hearing, as well as ruling out a one week extension for MySuper submissions.

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
... "South Korea is moving closer to seeking the first direct trading between the won and the yuan following calls within the ruling Saenuri party to respond to the growing use of the Chinese currency". And before this, CNBC reported (on 17 February) that ...